Author

Topic: Bitcoin Mining calculator - the maths (Read 2523 times)

newbie
Activity: 1
Merit: 0
February 12, 2014, 08:40:48 AM
#6
http://bitcoin.web-share.nl -вpoдe нopмaльный кaлькyлятop
hero member
Activity: 728
Merit: 500
February 09, 2014, 12:01:27 PM
#5
Hi,

Can someone please provide me with the mathematical formula to calculate daily bitcoin earnings for 1gh of hashing power? Will send a $20 btc donation to the first person that posts this  formula

Thanks

Never received any coins.

If you didn't want to pay out, just don't offer a reward. People (including myself) still answer questions even if there's no reward promised, but we (or at least I) do prefer honesty.
hero member
Activity: 728
Merit: 500
February 02, 2014, 01:50:05 PM
#4
See the following page for more details: https://en.bitcoin.it/wiki/Difficulty

The time required to find 1 block is given by:
t = D * 2^32 / H
(D = Difficulty, H = hashrate, t = time in seconds).

So the number of blocks per seconds is given by:
BPS = H / (D * 2^32)

You get 25 BTC per block, so the income per second in BTC is
I = 25 * H / (D * 2^32)

or per day:
I = 2160000 * H / (D * 2^32)

1 Ghash/s would do:
I = 2160000 * 10^9 / (D * 2^32)

or:
I = 502914 / D

At current difficulty of 2,193,847,870, that would be:
I = 0.000229238 BTC per day or 0.229238 mBTC per day.

thank you whats your btc address?

The one in my signature: 1Gideon33Q7ANGhCbfkxPHpWoNGz5Lyskm
newbie
Activity: 31
Merit: 0
February 02, 2014, 01:34:45 PM
#3
See the following page for more details: https://en.bitcoin.it/wiki/Difficulty

The time required to find 1 block is given by:
t = D * 2^32 / H
(D = Difficulty, H = hashrate, t = time in seconds).

So the number of blocks per seconds is given by:
BPS = H / (D * 2^32)

You get 25 BTC per block, so the income per second in BTC is
I = 25 * H / (D * 2^32)

or per day:
I = 2160000 * H / (D * 2^32)

1 Ghash/s would do:
I = 2160000 * 10^9 / (D * 2^32)

or:
I = 502914 / D

At current difficulty of 2,193,847,870, that would be:
I = 0.000229238 BTC per day or 0.229238 mBTC per day.

thank you whats your btc address?
hero member
Activity: 728
Merit: 500
February 02, 2014, 12:41:36 PM
#2
See the following page for more details: https://en.bitcoin.it/wiki/Difficulty

The time required to find 1 block is given by:
t = D * 2^32 / H
(D = Difficulty, H = hashrate, t = time in seconds).

So the number of blocks per seconds is given by:
BPS = H / (D * 2^32)

You get 25 BTC per block, so the income per second in BTC is
I = 25 * H / (D * 2^32)

or per day:
I = 2160000 * H / (D * 2^32)

1 Ghash/s would do:
I = 2160000 * 10^9 / (D * 2^32)

or:
I = 502914 / D

At current difficulty of 2,193,847,870, that would be:
I = 0.000229238 BTC per day or 0.229238 mBTC per day.
newbie
Activity: 31
Merit: 0
February 02, 2014, 12:15:39 PM
#1
Hi,

Can someone please provide me with the mathematical formula to calculate daily bitcoin earnings for 1gh of hashing power? Will send a $20 btc donation to the first person that posts this  formula

Thanks
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